| StockFetcher Forums · Stock Picks and Trading · DUST - Looks ready for Breakout. | << 1 ... 2 3 4 5 6 >>Post Follow-up |
| karennma 8,057 posts msg #130808 - Remove message |
9/2/2016 7:10:35 AM We're all just ridin' the wave ... Enjoy! |
| Mactheriverrat 3,178 posts msg #130814 - Remove message |
9/2/2016 12:44:40 PM Congrats to all the Long Golds. One thing I want today is the SPY to close up and next week breakout of its Bollinger Band squeeze. One thing I did get out of this whole DUST short term is I recouped almost all my $ that I'm still able to live and trade another day. and that alright by me no matter what. |
| mahkoh 1,065 posts msg #130817 - Remove message |
9/2/2016 2:33:14 PM There are 221 stocks in SF database above $125 Of those 148 had a larger daily range than GLD What's the fuss all about? |
| Eman93 4,750 posts msg #130820 - Remove message modified |
9/2/2016 6:48:06 PM Almost on Q the trade was to buy the dip in the bullish trending gold at 1306. Always go with the trend when swing trading. DUST gaped down and then ran to previous resistance 35.50 pretty close never made it to 36.50, thats where you buy some NUGT or short DUST. I scalped some beer money and picked up some FCX for a swing at $10.45.  |
| Eman93 4,750 posts msg #130821 - Remove message |
9/2/2016 7:00:19 PM this is a bullish chart. Will the trade be a winner who knows..but the odds are better to be long here than trying to short here. you need to be like Sargent Friday.. just the facts and be impartial.  |
| Mactheriverrat 3,178 posts msg #130873 - Remove message modified |
9/5/2016 12:31:32 PM Was I ever wrong. I was using Custom Weighted Moving Averages (CWMA) instead of using Exponential moving averages. Strange but with that change it shows a whole different world of what is long and what I thought was long. To me GOLD stocks are really Bullish as all longer term Exponential moving averages (EMA) are just squeezing and not crossing over as the Custom Weighted Moving Averages (CWMA) showed. The short term group Exponential moving averages (EMA) just were under the longer term Exponential moving averages (EMA) . So I say it a short term oversold GOLD and not a change in longer term direction of GOLD. My bet anything in GOLD could see some sound gains from here. I'm now using the below on my filters and it shows a way better Guppy trading system of the difference of whats long or short . Plus the strength of those to groups. and draw EMA(5) on plot price and draw EMA(9) on plot price and draw EMA(11) on plot price and draw EMA(13) on plot price and draw EMA(15) on plot price and draw EMA(30) on plot price and draw EMA(35) on plot price and draw EMA(40) on plot price and draw EMA(45) on plot price and draw EMA(50) on plot price and draw EMA(55) on plot price |
| pthomas215 1,251 posts msg #130874 - Remove message |
9/5/2016 2:02:12 PM so mac at this point you are thinking I can buy KGC and it wont be similar to catching a falling knife?? ha ha Through EMA's, you think gold is going to rise the way oil fell last year? |
| Mactheriverrat 3,178 posts msg #130875 - Remove message |
9/5/2016 2:34:23 PM KGC is very possible to get on that GOLD over sold band wagon. Its long term group averages has rolled over but there is a strong re bound in Gold stocks and ETF where a lot of their long term group averages never rolled over , they just squeezed. Oil I haven't really looked at yet.  |
| pthomas215 1,251 posts msg #130877 - Remove message |
9/5/2016 4:57:00 PM thank you. mac, what is the difference between your ema filter showing long gold and the following trend reversal filter? trying to figure out which one is a better predictor of new industry sectors to go long on. as you can see, mining and gold seem to pop up below. |
| Mactheriverrat 3,178 posts msg #130878 - Remove message modified |
9/5/2016 6:05:31 PM Download this document . Its about 7 pages . print it out for a better understanding. Guppy - Trading the breakout. Take a look at Sprint S Looks like a good long guppy set up. |
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